Zeev's Turnips Patch-No Politics (ZEEV)

[ChartReader]

Thoughts--Sure looks like this rally is "deflating" fast....


I'm seeing way-to-much "call/put" buying here:

CBOE: http://www.cboe.com/data/IntraDayVol.aspx

ISEE: http://www.ise.com/WebForm/viewPage.aspx?categoryId=126&header3=true&menu0=true



MeThinks anyone caught "chasing" this rally" is going to have the head HANDED to them.

(I could be wrong*......cuz I am wrong about 48% of the time**.....)

(yes--we could certainly rally another +300 or +500 points....in a heart-beat..... or even 1/2-a-heart-beat..... cuz da bullz remain in control until they don't)





*But--when I'm right (about 52% of da time)...... I $bank $coin....

**But--If by chance we rally further from here....then charts will look even "goofier"....... and I'll then short them some more.

Just to get even [g] .......

.....with those who are "too greedy" [g]